Meesho IPO Day 3: ₹5,421 crore issue subscribed 16x so far; Check GMP
At the upper end of the price band, Meesho’s market capitalisation would be close to ₹50,000 crore, while promoter holding will fall from 19.08% to 16.76%.
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Stocks To Buy: Motilal Oswal expects this real estate stock to jump 38% on re-rating prospects
Brokerage firm Motilal Oswal said that Prestige Estates has built a well-diversified portfolio across residential, office, retail, and hospitality.
JSW Infra shares can surge 33%, Motilal Oswal says banking on port-led industrial growth
Alongside ports, JSW Infra is pursuing an aggressive logistics infrastructure build-out under JSW Port Logistics, supported by an investment plan of around ₹9,000 crore through financial year 2030. This expansion is expected to deliver revenue of ₹8,000 crore and EBITDA…
Mayuresh Joshi stays neutral on Kaynes, positive on IndiGo and Hitachi
Mayuresh Joshi of William O’ Neil remains constructive on Hitachi’s long-term order outlook despite short-term uncertainty. Joshi does not expect a structural decline in IndiGo given its market dominance and route expansion. He also continues to hold ITC Hotels and…
Sberbank launches Nifty50-linked fund, giving Russian investors direct access to Indian markets
The First-India fund offers Russian investors a simple route to gain exposure to the performance of the Nifty50 Index, which tracks 50 of India’s largest and most liquid companies across 15 sectors.
Rupee rises 20 paise to 89.69 against US dollar ahead of RBI’s monetary policy decision
RBI Governor Sanjay Malhotra will announce the bi-monthly policy amid mixed expectations of a 25-basis-point rate cut and the possibility of the central bank opting for the status quo.
RBI Policy Impact: Real Estate, Banking stocks gain after 25 bps rate cut
Auto stocks rose up to 1%, while real estate as well as banking and financial names gained up to 2%. In the auto pack, Maruti Suzuki, Eicher Motors and M&M were among the top gainers.
RBI repo rate decision and other top highlights from governor Sanjay Malhotra’s press conference
The RBI cut repo rate by 25 basis points. Scroll down for the other highlights from Governor’s Sanjay Malhotra’s press conference after 2025’s final monetary policy review.
‘Avoid bottom fishing’, JPMorgan’s advice on Kaynes Tech, even as it remains ‘overweight’
Kaynes Tech shares fell on Thursday after brokerage firm Kotak Institutional Equities raised some concerns with regards to the company, to which Kaynes has issued a detailed response to the exchanges.
Shriram Pistons shares jump 5% after acquiring three companies for ₹1,670 crore
SPRL will purchase 100% stake in all three companies at a combined enterprise value of €159 million, or roughly ₹1,670 crore. The transaction is expected to be completed by January 2, 2026.